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ខ្មែរ 
Projects Development
CVEA Plans Opening of Property Training Centre
The Cambodian Valuers and Estate Agents Association (CVEA) is seeking commitment from investors for a new property training centre, a school to generate more highly trained human resources for the property and construction related sectors. Dr. Kim Heang, president of the Cambodian Valuers and Estate Agents Association and CEO of Khmer Real Estate Co., Ltd. recently revealed the plan and express...
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Prince Central Plaza 70 percent sold ahead of May completion
Prince Central Plaza, a 37-storey mixed used development has seen 70 percent of units sold prior to its planned completion in May. Owned by Prince Real Estate Group, the project is located on the southern end of Norodom Boulevard and is on schedule for handover to tenants with 80 percent of construction complete. The proximity to landmarks such as Independence Monument, Aeon Mall, and many e...
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Mortar Spraying Machine: New Trend in Construction Sector
In response to the fast growing pace of the construction sector in Cambodia, CBMS Trading Co., Ltd. has recently introduced a new technology onto the local market called the Mortar Spraying Machine which is designed to make the task of wall plastering task simpler and easier. The Mortar Spraying Machine is a concrete spraying device that provides a great solution for construction sites since it...
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World Bank Set to Loan Usd110 Million for National Highway No.4
National Road No.4, Source: Wikipedia The Ministry of Public Works and Transport (MPWT) is currently preparing the application for a USD110 million loan from the World Bank to upgrade National Road No. 4. According to the official letter from the MPWT, the loan will fall under the Road Asset Management Project II (RAMP II). The loan will be used to upgrade the asphalt of National Road No. 4 ...
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World Bridge Homes Adjusts Low-cost Housing Project Payment Policy
In response to market feedback, World Bridge Homes announced on February 2 an adjustment to the down payment policy of its low-cost housing project by extending the payment period from six months to 24 months. World Bridge Homes’ low-cost housing project aims to help low-income citizens buy affordably priced homes. The project consists of 2,457 houses on 24 hectares of land in Saang district, K...
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USD700M High-end Housing Project Kicks Off
A new luxury residential project Borey R&F is set to emerge in southern Phnom Penh close to Hun Sen Boulevard in Chak Angre commune, Meanchey district after the USD700milion project broke ground in mid-December. Developed by China-based R&F Properties Cambodia, the newly commenced luxury residential complex will comprise a wide range of hospitality services, including a sports club,...
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Malaysian-based Mall Set to Open
International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018. Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techn...
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First Large-scale Wholesale Outlet Opens Doors
Shopping lovers in Cambodia will experience the Thai-shopping style thanks to the opening of Makro, the first branded wholesale hypermarket in Cambodia. Thai-based Makro, the first large-scale wholesale supermarket in Cambodia, formally opened for its business on 17 December 2017. Siam Makro, which operates the super mart in Thailand, is now seeking further business opportunities to expand i...
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Property Investments in Condominium or Office Spaces in Cambodia
Cambodia continues to be an attractive real estate investment destination and the country has emerged as one of the key real estate investment hubs in the Southeast Asian region thanks to its geographic advantages. It’s attractiveness in the eyes of foreign corporate investors to date has been the lack of any significant risk to hold them back. Taiwan and Singapore remain the main source of key fo...
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Book and Move Into Olympia City With a 6.5% Interest Rate for 25 Years
To help facilitate buyers to acquire their dream home at the centrally-located Olympia City, the developer is now offering an interest rate of 6.5 percent per year of the property price with payment terms extendable for loan up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer behind dozens of property developments, the Olympia City develop...
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